econ101w0711 - Introductory Economics Economics 101-300...

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(c) Sherrie A. Kossoudji Introductory Economics Economics 101--300 Lecture # 11 Sherrie A. Kossoudji If you print the preliminary version of these slides before class, please be aware that they are likely to change right up to class time.
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(c) Sherrie A. Kossoudji Please remember that reading these slides does not substitute for attending class. These slides are merely outline guides for what is discussed during the lecture.
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(c) Sherrie A. Kossoudji Schedule: Week 6 WEEK 6: WEEK OF FEBRUARY 5 TH Lecture #: 10-11 Discussion #: 5 Subjects/Concepts: Elasticity, economic surplus Readings: This week: Next week: KW Chapter 5, KW Chapter 6 KW Chapter 13 Homework: Graded: Ungraded: Chapter 9, problem set II; Chapter 4, problem set II Chapter 5, problem set I; Chapter 6, problem set I Section Quizzes: Quiz 2 in discussion group—covers up through lecture 10, discussion group 4 Exams: None Other Important Information: None
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(c) Sherrie A. Kossoudji Quiz # 2 Quiz # 2 will take place during discussion sections this week. Quiz # 2 covers all material through the end of lecture on last Thursday and through discussion # 4. . Questions from old versions of Quiz # 2 have been loaded onto the course site in resources, “old quizzes and exams”. The quiz is scheduled to take approximately 45 minutes. You may bring a calculator to the quiz if you want. There will be 8-10 questions, mixed multiple choice and analytical or essay answer.
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(c) Sherrie A. Kossoudji Midterm Business The midterm is from 6-8pm on Wednesday, February 21 st . You MUST bring your UM student ID to the midterm. You will not be permitted to take the midterm without your ID. Discussion section numbers 301, 302, 303, 304, or 309— take the midterm in Lorch Hall Auditorium Discussion section numbers 305, 306, 307, or 308—take the midterm in the School of Education Auditorium, room 1202 There will be 25 multiple choice questions on the midterm and the midterm is worth 50 points.
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(c) Sherrie A. Kossoudji Midterm Support Midterm Review Sessions in Angell Auditorium D: Saturday, February 17 th , 2:00—3:30 Sunday, February 18 th , 2:00—3:30 Sherrie’s pre-midterm office hours in 2788 SSW Building: Tuesday, February 13 th , 2:15—3:30 Thursday, February 15 th , 1:00—2:30 Thursday, February 15 th , 3:30—5:00
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(c) Sherrie A. Kossoudji Today’s Class Business The sensitivity of the curves (lecture 10 continued) Welfare and surplus Principle concepts: elasticity, consumer and producer surplus Principle tools: the demand curve, the supply curve WWWTP & practice problem
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(c) Sherrie A. Kossoudji Up to the minute economics
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(c) Sherrie A. Kossoudji
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This note was uploaded on 04/04/2008 for the course ECON 101 taught by Professor Gerson during the Winter '08 term at University of Michigan.

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econ101w0711 - Introductory Economics Economics 101-300...

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